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Chinese behemoth Tencent takes stake in UK fintech Previse Heart

April 22, 2022
Source: heart.co.uk heart.co.uk
News Snapshot:
On Air Now Dev Griffin 7pm - 10pm [Heart](/) Dynamite Taio Cruz Download 'Dynamite' on iTunes News 21 April 2022, 18:00 Tencent Holdings, the Chinese technology behemoth, is adding to its interests in British fintech start-ups by taking a stake in Previse, a fast-growing player in business payments. Sky News understands that an arm of Tencent is leading a Series B funding round for Previse that will raise just over £10m. Sources said the fundraising would value the UK company at around £65m on a pre-money basis. It is the latest British tech company to draw funding from Tencent, which...
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